DraftKings Settles NFT Class Action Lawsuit for $10 Million
In a significant development at the intersection of digital assets and legal regulations, DraftKings Settles NFT lawsuit for $10 million after facing accusations of violating Federal Securities Law through its sale of Non-Fungible Tokens (NFTs). This lawsuit has played a central role in the ongoing debate over NFT classification and regulation, according to documents filed […]
Upbit Challenges South Korea’s FIU in Landmark Crypto Regulation Lawsuit
In a significant legal move that underscores the growing tensions between cryptocurrency platforms and regulatory bodies, Upbit Challenges South Korea’s Financial Intelligence Unit (FIU) as its parent company, Dunamu, initiates a lawsuit against the agency. As South Korea’s largest crypto exchange, Upbit is at the centre of this legal battle, which was filed on February […]
SEC’s Eased Crypto Regulations Open Doors for Legal Advisors
It wasn’t that long ago that trying to find a legal expert who truly understood crypto felt like searching for a needle in a haystack. Back in 2018, I was helping a blockchain startup hire a legal counsel, and every conversation with candidates felt like an uphill battle. Either they were strong on finance law […]